Flake graphite producer Tirupati Graphite believes it stands to benefit from the recent decision by the Chinese government to impose export controls on graphite and related products from December 1. China said the decision would “safeguard national security interests”.
Flake graphite was the largest constituent of lithium-ion (Li-ion) batteries, and there was increasing global awareness of China’s domination of the supply of such critical minerals required for the energy transition, Tirupati said in a statement on October 23.
The company is currently one of only a handful of flake graphite producers outside China, and one of only two listed companies outside China that has brought globally significant new flake graphite production capacity into commercial production in the past decade.
Tirupati Graphite PLC (LON:TGR) is a fully integrated specialist graphite and graphene producer, with operations in Madagascar and India. The Company is delivering on this strategy by being fully integrated from mine to graphene. Its global multi-location operations include primary mining and processing in Madagascar, hi-tech graphite processing in India to produce specialty graphite, and a state-of-art graphene and technology R&D center to be established in India.
